SOLV協議POR： - 儲備證明（POR）似乎佔據了領先的媒體敘事

Web3公司在FTX崩潰後開始關注的傳統已成為身份驗證和商標的基準。

Solv Protocol, a Yzi Labs-supported Bitcoin DeFi protocol, has integrated Chainlink Proof of Reserve (PoR) to provide real-time transparency into the security of over $2 billion in collaterized assets.

SOLV協議是由YZI實驗室支持的比特幣Defi協議，已集成了鏈條列出證明（POR），以實時透明度為超過20億美元的佔相綜合資產的安全性。

The DeFi platform has deployed two Proof of Reserce feeds on BNB Chain and Ethereum for users to independently verify the collateralization of their Bitcouna or other staked assets at any time.

Defi平台已在BNB鍊和以太坊上部署了兩個重新供給，以供用戶獨立驗證其Bitcouna或其他固定資產的抵押。

This follows a recent trend of CEXs and DeFi companies adopting Proof of Reserves to win users’ trust. However, the topic of PoR has become a point of contention in the crypto market.

這是在CEXS和DEFI公司採用儲備證明以贏得用戶信任的最新趨勢之後。但是，POR的話題已成為加密市場中的爭論點。

Earlier today while speaking at Bitcoin 2025 Conference, Strategy’s Michael Saylor called PoR a “bad idea.”

今天早些時候，在比特幣2025會議上講話時，策略的邁克爾·塞勒（Michael Saylor）稱POR為“壞主意”。

Why New Projects Like Solv Protocol moving against the tide is interesting

為什麼像SOLV協議之類的新項目與潮汐相提並論很有趣

It is interesting to note that emerging crypto projects are offering their PoR against the tide. There are still some of the most prominent crypto firms that do not publish.

有趣的是，新興的加密項目正在為潮流提供他們的局面。仍然有一些最著名的加密企業不發布。

Coinbase, despite being the largest U.S. exchange and a publicly traded company, does not offers an on-chain PoR covering its customer deposits. CEO Brian Armstrong had said that, beyond their regular financial audits, they have “no plans” to publish a Merkle-tree style reserve proof for their main exchange balances.

Coinbase儘管是美國最大的交易所和公開交易的公司，但並未提供覆蓋其客戶存款的鍊子。首席執行官布萊恩·阿姆斯特朗（Brian Armstrong）曾說過，除了定期的財務審計外，他們還沒有“沒有計劃”來出版默克爾 - 樹風格的預備役證明，以確保其主要交易餘額。

Another instance is of Robinhood Markets, which holds billions in customer deposits across stocks and crypto. It is yet to release any form of PoR even as other U.S.-based platforms have moved to adopt it post-FTX.

另一個實例是Robinhood Markets，該市場可容納數十億個股票和加密貨幣的客戶存款。即使其他基於美國的平台已搬到FTX後採用它，也尚未發布任何形式的POR。

Bitcoin firm, which holds over $10 billion in Bitcoin has explicitly rejected on-chain PoR.

持有超過100億美元比特幣的比特幣公司明確拒絕了鏈上的POR。

As mentioned above, Saylor argued at Bitcoin 2025 that publishing wallet addresses “dilutes security” and called PoR “a bad idea,” indicating no intention to adopt it.

如上所述，Saylor在2025年比特幣上辯稱，出版錢包講述了“稀釋安全”，並將Por稱為“壞主意”，這表明無意採用它。

Security and Transparency In a Fragile Market

脆弱市場的安全性和透明度

In a competitive market, transparency is a moat. Users are more likely to deposit assets and interact with platforms that can publicly prove they’re solvent.

在競爭激烈的市場中，透明度是護城河。用戶更有可能存入資產並與可以公開證明其溶劑的平台進行交互。

Thus, startups which typically find it difficult to establish themselves against the giants are likely offering PoR as a viable competitive advantage.

因此，通常發現很難與巨人建立自己的初創公司可能會提供POR作為可行的競爭優勢。